Aminim Group Uses $53M Loan on Six Industrial Properties in Baltimore, DC
Aminim Group has acquired a 500,000-square-foot portfolio of six industrial properties in the Baltimore, MD and Washington, DC area with $53 million in financing.
CIT, a division of First Citizens Bank, served as the financing’s lead arranger.
“Demand is strong for logistical facilities in the Mid-Atlantic region and this new portfolio of properties is well positioned to support that market demand,” said Nir Kriel, CEO of Aminim Group and the Apexus Logistics discretionary fund.
Houston, TX-based Aminim Group has purchased over three million square feet of logistics, industrial and other commercial space in the US over the past two years and has purchased over 10,000 multifamily apartment units since it was established in 1996.
Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group.
When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.
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